1.Earnings Hit A Record.
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Category Archives: Daily Top Ten
Topley’s Top Ten – Short Version – June 27, 2018
1.S&P Financials Down 12 Straight Days…Longest on Record….Even 2008?
S&P Financials close below 200day ….-11% off highs.
Bank Stocks Are On Their Longest Losing Streak Ever By Sarah Ponczek and Felice Maranz
S&P 500 Financials Index falls for 12th straight day
Financial Select Sector SPDR Fund ETF sees 8 days of outflows
Topley’s Top Ten – June 25, 2018
1.Small Business On Fire…Highest Optimism and Earnings in 30 Years.
Topley’s Top Ten – June 21, 2018
1.Chinese Investment in the US Drops 90% Amid Political Pressure
- Chinese acquisitions and investments in the U.S. fell 92 percent to just $1.8 billion in the first five months of this year, consulting and research firm Rhodium Group says.
- Counting divestitures, net Chinese deal flow to the U.S. during that time was a negative $7.8 billion, the report says.
- Beijing is trying to limit capital outflows and excessive leverage, while the Trump administration is increasing scrutiny of Chinese investments in the U.S. amid concerns about intellectual property protection.
The decline follows a sharp drop in the second half of last year as pressure from both Beijing and the Trump administration curbed a recent surge in cross-border investment. Completed Chinese deals in the U.S. hit a record $46 billion in 2016, and dropped to $29 billion in 2017, according to Rhodium.
Completed Chinese FDI deals in the US* in $ millions (2006-2018)
Source: Rhodium Group. *Includes completed M&A transactions with over 10% resulting stake and greenfield projects that have broken ground. **January to May 2018.
Topley’s Top Ten – June 20, 2018
1.China Majority of Stocks 10% Down Limit.
